A rolling forecast is a process in which key business drivers are forecast on a continual basis. Its objective is to foresee the risks and opportunities presented by a dynamic business environment, revisit strategy in the light of new business scenarios and align resources/activities for competitive advantage at periodic frequencies. Rolling forecasts are not simply periodic updates against the annual budget and are not associated with a specific financial year.

Move toward driver-based forecasting

Link forecast to strategic and operation decisions

Ensure direct ownership and involvement of budget owners in forecasting

Deploy appropriate tools and technologies

Design appropriate change management policy

Monitor and revisit

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A Rolling Forecast is a process in which key business drivers are forecast on a continual basis.